ABI Blog Exchange

2020-08-21
A decision by some banks to replace in-person campus visits with video interviews is intended to increase diversity by reaching beyond the handful of elite business schools and Ivy League universities long associated with the finance industry.

Read More from: BankThink

2020-08-21
Philadelphia Bankruptcy Lawyer to Help You Clear Private Student Loans
2020-08-21
The number of originators has shrunk during the pandemic, while portfolio lenders have gotten more picky; scams against consumers jumped by two-thirds during the first half, Barclays says.

Read More from: BankThink

2020-08-20
Executives and boards are bracing for elevated loan losses and stagnant revenue, which will mean more conversations about belt tightening as opposed to added investment.

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2020-08-20
USAL Bancorp will have nearly $300 million in assets after it buys Escambia County Bank.

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2020-08-20
The bank has agreed to pay $97 million in customer restitution and a $25 million fine to settle allegations by the Consumer Financial Protection Bureau that it deceptively charged overdraft fees for certain ATM and debit card transactions.

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2020-08-20
With continued economic instability as a result of the coronavirus, how will the US manage the uncertainty that appears to have no end in sight.

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2020-08-20
The company will pay $156 million for a bank with a large Small Business Administration lending platform.

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2020-08-20
In a somewhat surprising opinion issued in early July, the Unit

Read More from: Bonds & Botes, P.C.

2020-08-20
A group of eight Attorneys General filed suit against an FDIC final rule related to ‘rent-a-bank’ partnerships, mirroring a similar suit filed against the Office of the Comptroller of the Currency last month.

Read More from: BankThink

2020-08-20
The slowdown in branch traffic brought on by the coronavirus outbreak has accelerated consumers’ adoption of online banking and other tech, meaning banks have no time to waste in digitizing their customer-facing applications, says Bruce Van Saun.

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2020-08-20
Texas lawyers have long bemoaned the tendency of large Texas-based companies to file bankrup
2020-08-20
Lenders initally won't be able to pass on the cost of the Federal Housing Finance Agency's "adverse market fee" to borrowers whose rates on GSE-backed mortgages and refinances are already locked in.

Read More from: BankThink

2020-08-20
A federal judge in Florida ruled that lenders are not required to make payments to borrowers' attorneys and accountants unless they struck upfront agreements to do so. The decision has implications for a slew of related lawsuits.

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2020-08-20
Meredith Fuchs, formerly the top lawyer at the Consumer Financial Protection Bureau, says data aggregators like Plaid "have matured." She will help the company prepare for new data-sharing rules and its pending sale to Visa.

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2020-08-20
The higher charge on mortgages refinanced through Fannie Mae and Freddie Mac is supposed to cushion against a crisis but could contribute to one as the fees are passed on to struggling consumers.

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2020-08-20
Treasurer Ma has championed programs to give minority and women-owned businesses a seat at the table throughout her career. A mission of the Treasurer is increasing diversity to increase equitable outcomes.

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2020-08-20
The Missouri company 's deal for Clifford Bancshares is set to close later this year.

Read More from: BankThink